Archives For: Industry Update
Foreclosure Auction Volume Increases 4 Percent Annually to Six-Quarter High in Q1 2025
Auction.com reports that foreclosure auction volume surged in the first quarter of 2025, marking a sharp reversal from recent lows.
29 Apr 2025
ICE First Look at Mortgage Performance: Delinquencies Improved Seasonally in March
ICE released its March 2025 First Look report, revealing that while delinquency rates have edged up, they remain below pre-pandemic levels.
24 Apr 2025
Tornado Victims Blocked from Federal Recovery Aid After Trump Denied Request
President Trump has rejected the state of Arkansas’s request to declare a major disaster after a deadly tornado outbreak in March.
23 Apr 2025
FEMA Losing Roughly 20% of Permanent Staff, Including Longtime Leaders, Ahead of Hurricane Season
Just weeks before hurricane season, about 20% of FEMA’s permanent staff are expected to take a voluntary buyout as part of DOGE’s staff reduction efforts.
23 Apr 2025
Share of Mortgage Loans in Forbearance Decreases Slightly to .36% in March
MBA’s monthly Loan Monitoring Survey for March 2025 revealed the total number of loans in forbearance decreases to by 2 basis points to .36%.
21 Apr 2025
Ginnie Mae Welcomes Joseph M. Gormley as Executive Vice President and Chief Operating Officer
Ginnie Mae welcomes Joseph M. Gormley as its new Executive Vice President (EVP) and Chief Operating Officer (COO).
16 Apr 2025
Top 10 U.S. Housing Markets with Most Foreclosure Starts in March 2025
ATTOM takes a deeper dive into the March 2025 US Foreclosure Market Report, revealing the top 10 housing markets with the most foreclosure starts.
11 Apr 2025
U.S. Foreclosure Activity Increases Quarterly in Q1 2025
ATTOM has released the Q1 2025 U.S. Foreclosure Market Report, showing foreclosure filings up 11% from the previous quarter.
9 Apr 2025
HUD Extends Foreclosure Relief to More than One Million FHA Borrowers Recovering from Hurricanes Helene and Milton
HUD has announced that FHA is extending its existing foreclosure moratoriums on FHA mortgages in areas affected by Hurricanes Helene and Milton for an additional 90 days.
8 Apr 2025
Fannie and Freddie: Single Family Serious Delinquency Rates Unchanged in February
Both Fannie Mae and Freddie Mac reported the Single-Family serious delinquency rate went unchanged in February 2025.
28 Mar 2025